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Transcripts for BBCNEWS BBC News 20210921 09:28:00

china. the issue is it is showing signs that it can t meet interest payments on a whopping $300 billion debt and there are lots of large banks exposed to that that and economists all around the world are worried about the ricochet effect that this potential failing of a huge property company could have not just on the chinese economy but the global economy. people are already starting to talk about this is china s liman brothers, a reference to the bank in the states that provigil is not too big to fail and started the global financial crisis of 2008, if you like. china s lehman brothers. all eyes are on what the company does in china, the effect on markets, on monday we saw a global sell off, today we are starting to see things recover at least in the uk where the ftse 100

Issue
Company
Lots
Debt
Chinese
Banks
Signs
Interest-payments
300-billion
00-billion
People
Economy

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